35 Kemble Avenue
Paradise, NL, A1L4J1
5 Beds | 3 Baths
$529,900
About the property (MLS: 1284162):
One of the nicest two apartment plans you will find on an oversized lot, with drive in access to the rear yard in a phenomenal area. This plan is open concept in both units with bright spaces and an abundance of room for any lifestyle. The main floor has amazing features like a walk in kitchen pantry, beautiful ensuite bathroom and walk in closet off the master bedroom, and a large rec room in the basement. The apartment has large bedrooms, open space, an air tight porch and closet for those wet and rainy days, and has an overall layout that would suit any occupant. This one will not last! (id:56688)
Property Details
Listing ID: 28216973
Address: 35 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4J1
Status: Active
Last updated: 18 days ago ( Apr 25, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,820 square feet
Price per sq ft: $188
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.550795, -52.892436]
Rooms
| Basement | Recreation room Not known Not known Not known Not known Not known | 17.10 x 12.6 null 9.5 x 10.10 null 9.8 x 12.9 null 11.8 x 9.5 null 7.2 x 13.11 null 14.8 x 16.6 null |
| Main level | Bedroom Bedroom Primary Bedroom Not known Living room | 9.2 x 11.4 null 9.8 x 11.11 null 12.3 x 14.5 null 9.1 x 15.5 null 12.6 x 19.2 null |
Basic Calculator
First Mortgage: $423,920
Mortgage insurance premium: $0
Total Financing: $423,920
Rough closing fee (1.5%): ~ $7,949
Total downpayment with estimated closing fee: $113,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,103 | $37,236 |
| Gross rental income (income/principal ratio) | 0.586% | 7.027% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $663 | $7,956 |
| Vacancy | $156 | $1,862 |
| Management Fee | $249 | $2,979 |
| Expense / Income Ratio | 21.37% | 21.37% |
| Cash Flow | $2,037 | $24,444 |
| Net Operating Income (NOI) | $2,037 | $24,444 |
| Capitalization Rate | 0.38% | 4.61% |
